The Eastern Charity Foundation
Private foundation · North York, Ontario · BN 711905075RR0001 · Foundations
Source: T3010 return, FPE 2024-05-31. Split of total expenditures ($79,236) as filed with the CRA.
The Eastern Charity Foundation is a private foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending May 31, 2024, it reported $401K in revenue and $79K in expenditures.
Its funding that year was roughly 90% from other charities. In 2024, 1 other registered charity reported granting it a combined $204K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 70% of peers.
Revenue has declined over its filings on record here, from $4.3M in 2021 to $401K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The purpose of the corporation is to achieve such of the following objects which by law are exclusively charitable: 1. To receive and maintain a fund or funds and pay or apply all or part of the principal and income thereform from time to time to 'qualified donees' under the income tax act (canada); 2. For the attainment of the above objects and as incidental and ancillary thereto to excercise any of the powers as prescribed by canada not-for-profet corporations act or any other statutes or common law relating to charities and in particular and without limiting the generality of the fo…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $401K | $79K | — | — | $76K | $1.3M |
| 2023 | $953K | $127K | — | — | $124K | $999K |
| 2022 | $179K | $4.4M | — | — | $4.3M | $173K |
| 2021 | $4.3M | — | — | — | — | $4.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $204K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
Mark Koplowitz (vice president); Sara Korngut (treasurer- secretary).
As listed on its 2023 return.
Check the source
Every figure on this page is from The Eastern Charity Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 711905075RR0001), or read how we compute the receipt.